Delaware’s largest city is looking to expand opportunities for minority-owned businesses.
The Minority Business Development Program announced this week is a new initiative to provide financial and technical support to qualified applicants. $300,000 from the city’s economic development strategic fund will back the program, along with the possible future sale of capital bonds. Existing businesses or individuals seeking to start a business serving minority neighborhoods and communities may call the Wilmington Office of Economic Development at 302-576-2125 for information on how to apply. “We must establish or strengthen minority businesses which are either already serving or could be serving many of Wilmington’s African-American and Hispanic neighborhood centers by providing more of a variety of goods and materials that people need,” Mayor James Baker said.